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it and make it pro-growth. >> on the democratic side, senate majority leader harry reid told reporters he would like credit for what congress previously cut. >> we have already done a billion dollars worth of cuts. >> today, the top democrat in the house took a similar approach. >> i think it's important to note we have already agreed to $1.5 trillion in cuts in the budget control act and other acts in this session of congress. so now we wait to see the revenue piece to that. >> asked what she would be willing to slash as part of this deal? >> we'll be talking about that later. >> rank and file house members say they realize more must be done now. >> we can means test entitlements, so for folks making $1 million year, you know, maybe they aren't able to access medicare. they have the means to buy their own healthcare. >> i know we can't afford to spend $690 billion on the defense, but there are smart ways and dumb ways to cut defense spending. for example, we still have bases all throughout western europe that there hasn't been a threat to western europe since 1989. >> beyond that, he did
leaders harry reid and mitch mcconnell on a possible change to set rules regarding the filibuster. forty-five minutes chief justice john roberts and the supreme court and constitutional law. after that, part of our coverage of the halifax international security forum, including a look at the u.s. role in global politics and the situation in syria. several live events tell you about tomorrow morning. former florida governor jeb bush will be speaking at the foundation for excellence in education. you can once that event here on c-span2 at 845 eastern. just after that at 9:00 a.m. eastern on c-span three the foreign policy initiative begins a daylong symposium on foreign policy. such a look at congress, national security was arizona senator john kyl. then on c-span, a forum on energy policy hosted by the bipartisan policy center. former senators and byron dorgan. that is at 10:00 a.m. eastern. >> on 16 of 17 bases in the united states we have military-run schools. the average cost to educate a child in that school per year is $50,000. almost four times what the rest of public education cost
of it in reaction to harry reid's dismal statement. i got an e-mail with it all in caps, the market is coming in on these headlines from harry reid. this matters, every word they say matters and white house press secretary jay carney was on the defense today. he pointed out as he had done yesterday that the president spoke on the phone with senate majority leader harry reid and john boehner over the weekend. and besides carney says, the president has to talk directly to the american people. >> it is vitally important that ordinary americans actively engage in this debate because the outcome of these negotiations and the hopeful product of these negotiations are the product that we hope emerges from these negotiations will profoundly affect their lives. >> so is the president, the missing ingredient to really nailing down a fiscal cliff deal? could he end the drama right now if he stayed put in washington and held a series of face-to-face meetings with reid, mcconnell, boehner, and pelosi instead of his planned meetings this week with small business owners, business leaders and middle class am
and majority leader reid will be recognized to speak and will likely outlined the schedule for the day which could include debate on defense programs and policy, and possibly legislation to do with equal rights, people with disabilities. centers will us from 12:30-2:15 eastern for weeks the party meetings. live coverage of the senate and members gavel in right here on c-span2. right now some debate from the floor of the senate yesterday between majority leader reid and republican leader mitch mcconnell. d, w they talkede about potentialit't changes to filibuster rules. here's some of what they had to say. >> i'd like to turn to anotheras issue that doesn't grab as manyt utadlines as these others we'veb been focus on the last few days o the mortal threat that has been quietly gathering against one of the most cherished safeguards of our government. i'm referring to the latest effort by some on the other side, most of whom have never served a day in the minority, to force a change in senate rules at the beginning of the new year that would fundamentally change the character of the senate. this
as leader reid and leader durbin mentioned, had a lot of things we didn't like. it had some things we liked, particularly making sure that no benefits in medicare, social security and medicaid were cut. but it's now time for congress to get back to our regularly-scheduled programming, and that means jobs. while washington has been consumed with averting a default, our nation's unemployment problem has been worsening. it's time for jobs to be moved back to the front burn wither. with this debt reduction package completed, the decks are now cleared for a single-minded focus on jobs in september. by removing the threat of default for the next 18 months and by proving that both parties can come together to get our deficits under control, we have provided certainly to the credit markets. the debt limit agreement largely resolves the budgets for the next two years, so the wrangling over spending should be greatly reduced in coming months. we now have the chance to pivot away from budget battles to jobs. we can reset the debate, and that's what we intend to do. the jobs issue won't have to play se
from the senate majority leader harry reid overnight really sparked some jitters in this session today, so we have red across the board. the shanghai composite, it is well and truly below that 2011 level, shedding another .9 of a percent. the hang seng was feeling some of that pressure from chinese stocks and shedding .6 of a percent. it was the mainland banks that were the culprit. they didn't fare as badly if the mainland. some capital requirement rules are going to be implemented that are raising concerns about loans and the ability of these major banks to give out loans the remainder of year. we have the kospi in south korea down .7 of 1%. we had a north korean launch site showing increased activity. that just increased the jitters in this market. the japanese markets, they have really been on a rally, on a roll, on a tear over the last few weeks. the nikkei 225 has gained more than 9% just the last two weeks alone. the yen had something to do with this. it did strengthen a little bit against the dollar, and it continues to do so, down about half a percent as you just mentioned. so
in the ointment, deal negotiations have stalled. senate majority leader reid says little progress is being made so the fiscal cliff remains a distinct possibility come january 1st, keeping some buyers on the side lines as well. that's what you see here. coming up, governors can't afford to stall. they have to balance their budget. day two of our governors on the edge, our series on how individual states are dealing with the budget mess. it is a fox business exclusive. delaware governor has some ideas. you have to hear what he has to say. the nasdaq, trying to tune out all the noise. if the nasdaq can turn it around and post positive gains here by the close, it will be the seventh straight day of gains, the longest winning streak in 16 months, seven days in a row, and yes, i know, positive gains is redundant. just seeing if you're paying attention. you know what? somebody is always making money. don't ever let the markets fool you. if something is down, somebody else is making money on the other side. let's find out from our traders at the new york stock exchange, cme group and the nymex for our fl
. majority ritter harry reid hopes the senate to work, 2013 defense program. off of the 4 u.s. ambassador susan rice meet with republican senators discussing the september attack on the consulate in benghazi, libya and she will talk with susan collins and senator bob corker. yesterday she sat down with senator mccain, gramm and ayat. senator mccain told reporters the information she gave the american people was incorrect, but a spontaneous demonstration triggered by hateful video. it was not and there was compelling evidence that the time that was certainly not the case. the house transportation and infrastructure committee is holding at hearing on amtrak's restructuring plans. the committee will hear from the inspector general and amtrak's president and representative from the united transportation union live at 10:00 eastern on our companion network c-span. [applause] >> last night secretary of state condoleezza rice and chancellor of the new york city public schools joel kline had a somewhat on education reform in washington examining america's education system and the impact on nation
. >> also late tonight, harry reid said the three republicans are politicizing the benghazi matter, calling it, quote, outrageous. >> shepard: catherine herridge in washington. the white house and congress have five weeks to keep us from going over the fiscal cliff at the end of the year. that would mean automatic tax hikes and spending cuts at the same time and an economists say it could cause another resomething. the president met with congressional leaders from both parties, but harry reid says there has not been much progress since then. mike emmanuel is on capitol hill. republicans are asking for changes to social security and medicare. any common ground? >> shep, in public, it does not sound like it. top republican leaders say if you want to avoid the fiscal cliff, you need to address the drivers of our debt. >> we know that the only way we can solve our long-term debt and deficit problem is to fix the unsustainable growth rates of our very popular entitlement programs. the president has from time to time indicated an openness to that. now is the time to actually do it. >> 42 business
's stephen colbert territory. that's harry reid. that's what they say. that's nonsense. people take the pledge but the reason why most republican than a handful of democrats take the pledge is the only 10 to raise taxes. we just and the pledge of in the mail and people make that commitment and campaign on it and make it part of -- >> if you're running in a republican primary, it's very helpful to you, effectively difficult to run in a republican primary without signing it. they are in a box. the republicans, county and look for a way out of? >> no. which general have is a little so here's complicated bill. it's got a lot of moving parts. does it raise taxes? look, it's pretty clear in those cases. the important part of the pledge is it allows people to credibly commit they're not going to raise taxes and the people know who and what they are. is allowed john boehner and mitch mcconnell to govern recently. it's about the republican governors passed out ushers at the red states for the 24 states republican governors, republican legislature. blue are the 13 of 40 state spending on how
to raise the debt ceiling. first, senate majority leader harry reid and republican majority leader mitch mcconnell will talk on the senate floor about the january fiscal deadline. >> since our country voted to return president obama to the white house, i have spoken often about compromise. i remain optimistic that, when it comes to our economy, when it comes to protecting middle-class families from a whopping tax hike, republicans and democrats will be able to find common ground. president dwight eisenhower, a republican, once said, "people talk about the middle of the road as though it were unacceptable. there have to be compromises. the middle of the road is all usable space." so said white house and higher. -- dwight eisenhower. too often, we face off, not realizing that the solution rests somewhere in the middle. i remind everyone of one fact. this congress is one vote away from avoiding a fiscal cliff for middle-class families and small businesses. we can solve the greatest economic emergency facing the nation today if only the house would consent the senate-passed bill freezing --
and senator reid over the weekend. he will meet with them at the appropriate time as well as obviously nancy pelosi and mitch mcconnell. so, the process that he began is continuing. we continue to be optimistic that a balanced approach is achievable. we know what the solutions are. i think what was said in an op-ed, one benefit of all the debates we've had, negotiations and discussions over the past couple of years on this issue is we know what the parameters of a balanced solution to these challenges looks like. they include both spending cuts and revenues, and entitlement reforms. they have to have all three legs to be a part of it. >> host: jay carney yesterday at the white house when he was asked about this idea of going off the fiscal cliff. he has had at his press briefing yesterday thousand, the chairman of president obama's council of economic advisers. to talk about what would happen if we go off the so-called fiscal cliff, and in this report put out by the white house, american consumers will spend 200 billion less in 2013 if the fiscal cliff is not a bird according to this white h
republicans not convinced. but top democrats like harry reid coming to her rescue saying, and i'm quoting here, the personal attacks against ambassador rice by certain republican senators have been outrageous and utterly unmoored from facts and reality. today she's back on the hill, meeting with the head of the homeland security committee saying she's not sure they have 60 votes to confirm her if, in fact, she's nominated. lynn >>> well, jill kelley, the tampa socialite caught up in the scandal involving former cia chief david petraeus, is now going on the offense. after two weeks of silence kelley's lawyers has released e-mails he wrote designed to prove she never intentionally or acted inappropriately. one letter to the u.s. attorney demands to know who in the government leaked kelley's name to the media after she received e-mails from petraeus biographer and mistress paula broadwell. meanwhile, "the new york times" reports the pentagon investigation into e-mails between kelley and general allen t top nato commander in afghanistan, has been narrowed down to between 60 and 70 messages that ac
of the session. 12,879, matching what we saw when harry reid began making comments about an hour and a half ago. the nasdaq lower by nearly nine points. the s&p lower by seven points. 1399, just below the 1400 level. why the late-day selloff? most on the street blaming these words out of washington about fiscal cliff. >> there's been little progress with the republicans, which is a disappointment to me. they've talked some happy talk about doing revenues, but we only have a couple weeks to get something done. so we have to get away from the happy talk and start talking about specific things. >> as we head into the fiscal cliff negotiations, my advice to the president would be seems like our friends on the other side are having some difficulty turning off the campaign. we need to sit down and work this matter out. >> behind closed doors. even with the fiscal cliff looming over the markets, our own jeff cox with cnbc.com says there's a growing bit of optimism about the outlook for next year. take a look at some of the predictions from some of the street's biggest names regarding the s&p 500 for n
and spending cuts and away from taxes and no movement in harry reid's association, he says that democrats have cut enough. >> well, remember we've already done more than a billion dollars worth of cuts, we've already done that. so we need credit for that and those negotiations that take place, and however, here is a cave caveat, senator dick durbin is taking a hard line approach. quote, we can't be so naive to believe that just taxing the rich will solve our problems and put everything on the table, repeat. everything on the table. and that's the left of center dick durbin. yesterday, t was taxes, today, there's entitlements, tte impasse continues as we countdown to that deadline. next case, china, clearly the number one world's polluter and criticizes us for not doing enough about climate change, a global carbon tax could be coming, are we going to have to pay? we'll talk to a leading environmentalist after the break and of course, we will have the opening belfour you next. bell for you next. >> all right, just a few seconds away from the opening bell. the futures suggest we're going be to
. not only that, let's not forget that the last time that the senate had a budget is when harry reid worked with his friend, and nobody in the 2008 budget complained that they weren't spending enough money. that cuts out a trillion in spending right there. are you concerned about the time that they had taken have taken on this first day of the discussion? >> i was not hopeful that the president's tone. [talking over each other] [talking over each other] lou: are you being partisan here? >> i am not being partisan. i am being objective when i say that the president pays 1.6 trillion in new revenues. he wants to destroy the economy. no one in their right mind is going to allow that kind of increase to devastate the economy. lou: that's a good point. it's interesting that no one is talking about the fact that individual tax payment, 26% of the bush tax cuts over the past two years, the answer here is this. i just want to see everybody be happy. let me turn to benghazi. there is a palpable sense in washington dc right now. i don't believe the congress has the strength or the tools to actually p
and majority leader senator reid from nevada. both won reelection in 2010. over a year later in march 2011, bracer are still had no love. they sent e-mail to jonathan silver who is executive dirt of the energy department phone guarantee program. he was responsible for making sure these loans went through. woolard wanted software to review a draft e-mail that the chairman of the board of bracer synergy was planning to send to william daley, who was then chief of staff to president obama at the white house. and this is from the e-mail. either e-mail or call and you can with suggestions woolard wrote. the e-mail stated the white house needs to focus on finalizing the loan guarantee for what would be the largest solar project in the world. bracer's energy was conditionally approved more than a year ago and is in the final stages of being completed. we need a commitment from the white house for a long closure between allenby india d. by march 18, end quote. a house energy and commerce subcommittee meeting last may, chairman jim jordan said to woolard, quote, you're asking the guy in charge of m
democrat harry reid says republicans are the ones dragging their heels. there's been little progress with the republicans, which is a disappointment to me. they've talked some happy talk about doing revenues, but we only have a couple weeks to get something done. >> reporter: republicans point out that medicare and medicaid are the largest future drivers of the debt. they say they won't agree to increased revenue from taxes unless they get entitlement cuts as well. scott, it's safe to say there are going to be people on the right and left howling mad at no matter what this deal looks like. >> pelley: nancy, thank you very much. one idea they're looking at is scaling back one of the most popular tax breaks of all: the mortgage deduction. dean reynolds will tell us more about this later in the broadcast. that crisis in egypt is growing tonight. more than 200,000 protesters have filled cairo's tahrir square. they are angry with their new president, mohamed morsi who said last week that his decisions cannot be challenged by the courts which gives him almost absolute power. and our holly
asked harry reid of years ago, you're back in power and that the president, why are you pushing it customer he said, "steve, i wish we had time." both parties have let it sit. as a journalist, i want to remind people there has been institutional neglect on both sides, which accredits the senator for now moving, but it has been interesting how people did not see this before and earlier periods. >> i think that is fair. the reality is in the last session, we were literally one vote short from moving forward. i should say the senate was barred the department of defense afforded. despite its importance, i would put it behind us, taking steps to get our economic house in order. it is fundamental to long-term security and fundamental to our core -- global leadership role. it is really the foundation of our long-term power influence as a nation. with respect to human rights, one of the principles that we need to understand and follow is that human rights do matter. >> i want to take that two issues promptly. first thing is energy. east china sea, when president hu jintao made a visit t
house speaker john boehner and harry reid this weekend for avoid efforts on fiscal cliff. on wednesday president obama will seek more input from top ceos, including gold man's lloyd blankfein and caterpillar's doug owner hill man. a number will travel to washington to try to reach a deficit cutting deal as part of the fix the debt campaign. so all things fiscal cliff still pre-dominate. we have a time clock that's quickly running out. how important is it that we get an agreement before the end of the year? >> this is like the debt ceiling argument. people got into a panic. that's something we even imposed on ourselves to decide that the debt shouldn't go too high. so it's not a bad thing. same with the fiscal cliff. what are we saying with the fiscal cliff? we're saying the economy might be revealed to be what it's actually doing because we'll take away the artificial supports because we think it's held any enough now to maybe after itself. that might entail a step drop because at the moment we're giving these tax breaks, but we're doing it out of our saving. >> but the point isn't jus
with it again. thank you, stuart. martha: you have got senate majority leader harry reid saying there isn't much to talk about, that the election shows the american people have given the lawmakers the go ahead to raise taxes. >> americans when they voted raised their voices and supported our pledge. congress is acting in accordance with the will of the american people. martha: reid says any agreement must have the wealthy to pay a little bit more to reduce the deficit. bill: what happens if they don't see a deal? 90% of americans will see a tax hike in 2013. and families that make between $40,000 and $65,000 will have to pay an extra $2,000 to washington, d.c. in taxes. martha: concerns over america's fiscal cliff have sent the markets lower in premarket trading. there is a look at where the dow is poised to open this morning. with the dow, the s & p and the nasdaq all trading lower. speaking of that, a new round of violent protests break out in egypt as police fired teargas into the crowds. here are some of those scenes. >> unbelievable. more than 100,000 people flooded into downtown cairo. th
, let's don't forget the last time that the senate had a budget, it was when harry reid worked with his friend, speaker pelosi and nobody in the 2008 budget complained that it wasn't spending enough money. let's go back to 2008. $2.5 trillion, and cuts off a trillion in spending, right there. >> lou: there are all sorts of ways to get there, as you suggest here tonight, and, as suggested in other forums as well, but the idea that this president an boehner are coming together to have at least a civil discourse over what in the world we're going to do about the fiscal cliff, six weeks remain, are you any more hopeful as a result of the tone they've taken on the first day of discussion? >> well, i wasn't hopeful with the president's tone, when he said -- >> are you being partisan here? >> i'm not being partisan, i am being objective, when i say that the president proposed $1.6 trillion in new revenue? he wants to destroy the economy? come on. who in their right mind will allow that kind of increase to devastate the economy. it will not be hostess going out of business. >> lou: that is a go
're not going to stop the front four of anybody else. >> problematic. hey, with any luck, andy reid will be coaching the packers next year. >> or rex ryan. >> hey, we'll give you rex. you want rex ryan? >> we're happy with our coach. i would not want to be andy reid. >> no. >> he's going to san diego, barnicle tells me. >> he'd be on san diego next year. >> let's talk about what's in politico. you want to do that? >> love to. >> okay. so fiscal cliff is all the talk of washington, obviously. but you guys are writing this morning, your headline about the other fiscal fight, which is, again, the debt ceiling. >> yeah, i think people forget we have essentially three blink moments, sequestration, the debate, and we hit the debt limit probably some time in february. and you have to raise the debt limit unless you take the posture that some folks in the democratic party are recommending and saying just raise it unilaterally, have the president do that. i don't think that's what they want to do right now. in the past, congress has had to raise that debt limit. and as you know, house republ
's your policy? >> bret: senate majority leader harry reid says long-time republican senator bob dole is in army reed medical center. he is 89 years old and has been hospitalized several times in recent years. the kansas senator ran for president in 1996. vice president in 1976. the seasonal accused of the biggest security breach in u.s. history says he has been punished enough already. army private bradley manning is expected to testify this week in a pretrial hearing. his lawyers contend his isolation in the small cell where he was forced to sleep naked was illegal. they are seeking a dismissal of charges. manning is accused of sending classified war logs and diplomatic cable to website wikileaks. all sides seem to be digging in as the political turmoil in egypt continues. today another familiar sight in a familiar place not too long after the last president was forced from power there. correspondent steve harrigan is in cairo tonight. >> attempts by egypt president morsi to expand his powers have galvanized the oppositio opposition. in to the largest street protest since those that
at the day's market headlines. stocks bit it for the second straight day senate majority leader harry reid indicated that little progress has been made in recent fiscal iff talks. big surprise there. so you're welcome, investors. the major intoday sees slid on the news and the dow fell 89 points. >>> shares of green mountain coffee are skyrocketing after-hours. the company solidly beat expectations for fiscal fourth quarter earnings, pointing to strong sales of its k cup coffee & tea packs. >>> apple reportedly fired the manar behind apple maps. iphone software has been widely panned for flaws and inaccuracies since its launch back in september. what you really want is an accurate map, so there you go. >>> on to our top story tonight, president obama ups the ante on fiscal cliff pressure meeting with small business owners from all walks of live at the white house today. the million dollar question? what will be the real impact on small businesss? with me now, straight from that meeting in a fox business exclusive is the cofounder of book to the roots, an urban mushroom farm growing gourmet
in washington. the white house says the president did speak with speaker boehner and senator reid over the weekend to touch base on this very issue. as one republican aide put it to cnn, the fact that they are still talking is progress. but a democratic aide said they don't have staff had you hadling in a room going over spreadsheets which is where they need to get to hammer out a deal. what they're doing now is they're at the dancing stage of this negotiation. >> a lot of folks are saying it's not the republicans in the senate so much will be the problem for the obama administration, but republicans in the house of representatives, especially those from the tea party movement and others will be a serious problem. >> what was an important group of republicans during the debt ceiling debate while this election has changed the arithmet arithmet arithmetic, republicans in the house will be key to this negotiation. the two men that need to hammer out this deal, just like it was over the summer, is still president obama and spooeseaker boehner. >> i don't think there's any doubt the preside
by the senate majority leader harry reid who said the three republicans politicize sizing this issue and called their behavior outrage just, jenna. jenna: well have more as the story volz throughout the day. catherine, thank you. >> reporter: you're welcome. jon: another story gripping washington, the size of our national debt. one lawmaker says the real problem is the fiscal avalanche that looms if the government fails to deal with our massive national debt. it is now over $16 trillion and counting. utah republican senator mike lee wrote that the in an, wrote that in a recent opinion piece. he is a member of the joint economic committee. you're from utah. a lot of mountains there. i'm sure you know what an avalanche looks like and the problem with them is as you point out you don't know when they're going to come. >> that's right, jon. unlike the give which you can see coming the avalanche is there in the sense that the conditions are present but you don't know exactly when it is going to hit you. by the time it hits you it is too late to get out of the way. that's why we have to start moving
reid, mitch mcconnell, john boehner, nancy pelosi will be serious. going over the cliff doesn't make any sense. >> we all remember the t.a.r.p. vote that you reference. that really didn't come to a resolution until the markets -- i would argue -- scared washington. i wonder how important you think that is this time? do stocks need to fall before the two sides really get committed at the table? >> that is a terrific question. that's the main question. in two days we lost 1,600 points in the markets. it took us a lot longer time to come back and recover. i sat there and stared defeat in the face. we can't do it now. the markets will respond to certainty. that's what congress needs to give american business and american people. certainty about taxes. certainty about spending in congress and certainty about our commitment to lower the debt. >> how do you argue that you are considering all elements of reform if in fact you're going to stick by the norquist pledge. is there anything wrong with as senator graham has said with saying i made that pledge back then but my job is to be a senator
to. that is colbert territory, harry reid. that's nonsense. people take the pledge. the reason why most republicans and handful of democrats take the pledge is they don't intend to raise taxes. we send the pledge out in the mail and people make that commitment and make it part of their campaign. >> if you are running in a republican primary, it would be difficult to run in a republican primary without sin signing it. does someone come to you and look for a way out? >> what you generally have is, you have a complicated bill which has a lot of moving parts, does it raise taxes? it's pretty clear in most cases. the important part of the pledge is it allows people to credibly commit they aren't going to raise taxes and people know who and what they are. boehner and mcconnell have governed easily. they aren't going to raise taxes and allowed the republican governors or the 24 states with a republican governor and republican legislature, depending on how you count new york, 13, 14 states have a democratic governor and house and senate and there you see the red states are not raising taxe
neither house speaker john a. boehner nor senator majority leader harry reid. in a position to make it happen. >> i think that's right. when the time comes, if we get to the time where a grand bargain of, you know, big deal that would take care of the nation's fiscal challenges for the next 10 or 20 or 30 year, the president will have to be the one who lays it all out and he's argued for a balanced approach, has offered, you know, $3 in spending cuts to every $1 in tax increases. what he campaigned on. he's in a good position to make that case. not -- the moment is not right exactly right now but i think when we get there he's going to be the one that will have to frame the whole thing up. >> we saw the polls yesterday and harold, that if this doesn't work out, people are going to blame and it seems republicans will take some of the blame. i think people are beginning to look for movement from both sides but would be upset if it didn't happen with a republican party. >> it has to work out in some form or another. hopefully it's a long-term solution or patchwork solution so it's a qu
. republicans talking about reforming entitlements. you have harry reid saying he is not open to reforming specifically social security. there may be some wiggle room on some of the other entitlements, but things are off to a rocky start with house speaker john boehner writing an editorial saying he thinks the president's health care plan should be on the table. that is certainly something that both sides will go to the mat over, but i think there's a lot of pressure to get a deal done by the first of the year for the reason that you just cited. because if they don't, this will have a big impact according to a lot of economists on the economy and they just don't want to see that happen and bear the brunt of that. >> understandably so. quickly, the president's plans for today are what? is he there in the house behind you or elsewhere? >> reporter: he is in the house behind me. quiet day at the white house with his traditional thanksgiving dinner with the first family. i'm sure there will be all the fixings on the table, turkey, ham, a lot of different types of pies. yesterday president obam
a president. the democrats have harry reid. we have mitch mcconnell. get them in the room. and that's what representative governments should be about. no one gets all they want. if reagan and o'neal can do it, r boehner and obama should be able to do this. >> the last attempt at a grand bargain, it was the politics and brinksmanship and it all went nowhere until a final deal that brought us to this breaking point. do you think that the tax issue has to be solved first before you can get to any defending issues, any of the entitlement issues? >> i think it all has to be on the table. again, i don't want to be said what has to be done first or second. that's for them in the room. but the election is over. president obama won. he won fair and square. we won the house. we won it fair and square. democrats still control the senate. slight edge to the democrats. bottom line, it's over with. let's find a way to get this resolved as much as possible between now and the end of the year. so both the new congress and the president in his second term can start over with a clean slate. we have so many
show any flexibility at all at curtailing medicare spending, period? harry reid has already said social security is off the table. we're not touching social security. that's not a story? no. it really wasn't. that was basically uncovered by the networks. but the debate now is entitlements and that is getting almost no attention. >> steve: in the meantime, you look at the stuff and it looks like the main stream media essentially acting as a negotiator on behalf of the white house. republicans need to cave. don't think of it that way. think of compromise because that at thend of the day, both parties will give up something. >> sure. and by the way, let me to be totally honest, republicans have already caved. they've already fallen for it, right? they've already been pushed into, you watched the sunday shows, attacking grover norquist, as if that's the point. it's not. so the press has cowed republicans to do their bidding and in effect, doing the white house's bidding. but again, the real story is going unanded and that is will harry reid and the democrats in the house, led by nancy pelos
of confrontation. my way or no way. senator reid is confronted with a terrible decision. my friends in organized labor are absolutely right on this issue. none of us and no republican would say to anybody, i want to be in an election in which everybody who does not come to the polls is a judge. that is not how we run american elections. that is what was said to the senate. -- sent to the senate. is going to say, we are not going to leave washington with those out on the street as our republican colleagues would do. >> congressman, it seems to be incredibly emotional for a lot of members. can you tell us when you heard about this? what was it like for you and all of you guys? >> it was a great moment for our country because we had a person so highly respected, the most respected person in america, an elected official in america, whose name is synonymous with inspiration, respect, courage, patriotism, and she really wanted to come. i will not go into the details of when we knew what and all the rest. i was not one who would have encouraged to to -- encouraged her to come. we did not think it would
and part of the gang. thank you for joining us. >> senate leaders spoke with reporters. harry reid said republicans are holding up a deal on the so- called fiscal cliff. republicans said they do not understand why democrats are looking to change the rules on filibusters. this is 20 minutes. >> we had a meeting with the four leaders up here at the white house, it went very well. the problem was that was before thanksgiving. and since that time, there has been little progress with the republicans, which is a disappointment to me. we only have a couple of weeks to get something done. we have to get away from the happy talk and start talking about specific things. and one month taxes are set to rise for all americans. we passed in the -- we passed in the senate a piece of legislation to protect people making less than $250,000 a year. we have rejected on a bipartisan basis the republicans' efforts to extend the tax cuts for everybody. those are the two majors we have dealt with on the senate floor. if we fail to reach an agreement, the average middle- class family will see their taxes go up
about patty murray. a lot of people are tired about hearing about mitch mcconnell and harry reid and some of these other leaders this is one you want to read this profile. >> we'll get to that. how but, robert? what's your must-read? >> my good friend, sheryl gay stollberg has a piece in "the new york times," about the historic nature of president obama's second inaugural. it will be on a second and the following day, the public ceremony on martin luther king jr. day and how fitting and how folks are lowering expectations given the fact they don't think they're going to have 1.8 million come out, as many people came out as four years ago. an interesting read. >> you never know, weather can always play part in that as well. we're all excited. thanks, all of you, i do appreciate it. and we'll see you again soon. >>> that is a wrap-up of this sunday edition of "weekends with alex witt." do stay with us, we have headline updates. up next, "meet the press," i'm alex witt, make it a good one. ♪ i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans?
and he doesn't want to be we've learned an awful lot about how the president and harry reid behaved behind closed doors from woodward's book, at a don't think it reflected well on the white house. but let's see that. the second point, and these are i think very both doable, and the second one is that whatever is agreed to do, that he needs to be put in writing and online for seven days so that not just the lobbyists in washington, d.c. can know what is in it, that every american can know what's in and do research and look at and have other people disaggregated and take a look at it before either the house or the senate vote on it. there's a new verb in washington called to be correct, and those of republicans who felt they were sold a bill of kids by the bush white house and the treasure department the treasure department is to do this, do this, it's an emergency. white emergencies require expenditures of money, $350,000,000,000.6 months later strikes me as the question as to whether they've been cheated or not. they think they're being cheated to be transported to be rushed out in
close at the lows of the day. a lot of concern after harry reid made some comments suggesting that maybe there was not a lot of progress made. eamon javers has commented saying you shouldn't read too closely into it, but this morning futures are indicated slightly lower once again. in europe, you'll see that there are some red arrows there as well. in france, the cac is down by about 12 points. in london, the ftse is off by 17. in germany, the dax is down by about 14.5 points. in asia overnight, same story. the hang seng was down by .6 of a percent. the shanghai composite was down by .9. the biggest loser was the nikkei. oil prices are slightly weaker, down by about 42 cents. the ten-year note at this hour is yielding 1.62%. been watching the dlampl here's something that snuck up on us. the chinese -- >> you're going to start saying that? >> you want me to call it -- >> if you start saying this other word, i'm going to learn how to say it. what made you decide? >> i'm thinking rnd, which is how they lay it out. i'm thinking rnb. >> okay, if you're going to do it, i'll practice. >> that's
. there is a theory -- patty murray is a prominent democrat. doesn't have the name recognition of harry reid. she clearly says if we don't get what we want, let's go over the cliff. this is the most important part. we talk about the fiscal cliff and recession. this is not as if a fire and brimstone will ring down on the earth on january 1st. slow and steady decline. when i tell people i expect us to breach this and go into the new year, i don't think that this is going to be the power goes out on january 1st. there will be a debate and slope. if you resolve this in a week or week and a half or two weeks, not much will happen economically speaking. the economy will not fold in on itself and we'll have this conversation eating spam in cave in the woods. >> that's good to know. he may be judging from what his weekends are like. >> that's an official view. >> where's the love? happy holidays to everybody. >> spam is not good. >> it's delicious. >> dan, thanks for stopping by. sears, kmart, walmart, best buy adding last-minute deals to sales list for black friday shoppers. find out what the deals are
. president obama has 19 nominees in the pipeline currently, and senator reid needs to move those forward. >> here we go. >> move them forward. it's time. it's important for women who are going to be impacted by these questions. >> i think we should also look at the ways in which these laws impact low-income women. going back to the hyde amendment which we're not talking about anymore. henry hyde would love to prevent any woman from having abortion. how do women get to the point where they're turned away from a clinic. oftentimes, they have trouble paying for an abortion. according to the 2008 numbers, they've declined except low income women. again, these state laws, they impact especially the ones where there aren't providers. the women in the study 150 miles away from the latest providers. they're seeking to drive abortion providers out of business so only the affluent women can travel that far. >> diana, in your study, you're looking at people already in tough economic circumstances. but what can you say with sort of some confidence about both for them and their children, how life wou
a leader harry reid on the filibuster. after that, we will re-air the comments of chief justice roberts at rice university. >> on tomorrow morning's "washington journal", gas prices and alternative energy efforts. long-term unemployment benefits and why they may end in january without congressional action is discussed. after that, dominic chu describes what wall street investors are doing with their money in excess of the fiscal cliff. close plus your e-mails and phone calls and tweets. "washington journal" is live at 7:00 a.m. eastern on c-span. >> you are watching c-span2 with politics and public affairs. weekdays featuring live coverage of the u.s. senate. on weeknights, watch key public policy events, and every weekend, the latest nonfiction authors and books on booktv. you can see past programs and get our schedules on the website and join in the the conversation on social media sites. >> representatives met in nova scotia earlier this month before the house. this is one hour and 15 minutes. >> welcome back, everybody. i would like to hand over to the dominical steve clemons, who i
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